What To Expect From Ingersoll Rand Inc (IR) Q4 2024 Earnings

GuruFocus
02-12

Ingersoll Rand Inc (IR, Financial) is set to release its Q4 2024 earnings on Feb 13, 2025. The consensus estimate for Q4 2024 revenue is $1.91 billion, and the earnings are expected to come in at $0.63 per share. The full year 2024's revenue is expected to be $7.25 billion, and the earnings are expected to be $2.15 per share. More detailed estimate data can be found on the Forecast page.

Ingersoll Rand Inc (IR, Financial) Estimates Trends

Revenue estimates for Ingersoll Rand Inc (IR) have declined from $7.26 billion to $7.25 billion for the full year 2024. For 2025, revenue estimates have decreased from $7.73 billion to $7.62 billion over the past 90 days. Earnings estimates for Ingersoll Rand Inc (IR) have slightly decreased from $2.16 per share to $2.15 per share for the full year 2024. For 2025, earnings estimates have declined from $2.68 per share to $2.66 per share over the past 90 days.

Ingersoll Rand Inc (IR, Financial) Reported History

In the previous quarter of 2024-09-30, Ingersoll Rand Inc's (IR) actual revenue was $1.86 billion, which missed analysts' revenue expectations of $1.87 billion by -0.70%. Ingersoll Rand Inc's (IR) actual earnings were $0.54 per share, which missed analysts' earnings expectations of $0.62 per share by -12.48%. After releasing the results, Ingersoll Rand Inc (IR) was down by -2.11% in one day.

Ingersoll Rand Inc (IR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 14 analysts, the average target price for Ingersoll Rand Inc (IR) is $106.01, with a high estimate of $120.00 and a low estimate of $82.17. The average target implies an upside of 15.02% from the current price of $92.17.

Based on GuruFocus estimates, the estimated GF Value for Ingersoll Rand Inc (IR, Financial) in one year is $79.84, suggesting a downside of -13.38% from the current price of $92.17.

Based on the consensus recommendation from 17 brokerage firms, Ingersoll Rand Inc's (IR, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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